CASH RESERVE RATIO (CRR) is a ratio which banks have to maintain with itself in the form of cash reserves or by way of current account with the Reserve Bank, computed as a certain percentage of its demand and time liabilities. The objective is to ensure the safety and liquidity of the deposits with the banks.
FISCAL QUARTER is any of the four financial accounting quarters within a fiscal year. See FISCAL YEAR.
DOCUMENT RECONCILIATION is the synchronization of formalized documents to approved or changed requirements or specifications.
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